Health Savings accounts (HSAs) can be beneficial for employees as well as your company. Still, employees may have questions about these accounts (especially if you are offering it to them for the first time). The following are more answers to some common questions about HSAs:

2018 has arrived, which means many people are making resolutions for the upcoming year. Goals usually include things like losing weight, making new friends or saving money. Some of these resolutions will end before much progress is made (is eating a lot of broccoli really worth it?!), but there are some resolutions you can make that will benefit you now and in the future, especially with an HSA! Here are a few suggestions for HSA resolutions for 2018:

National Lampoon’s Christmas Vacation is a family favorite during the holidays. We can sit back and laugh at the plight of Clark Griswold as he lives out his dream of hosting a good old-fashioned Griswold Family Christmas at his home in Chicago. The shenanigans and accidents that occur in the movie fall just short of any real injuries or emergency room visits, but what is the price tag of each of these near misses if they were carried out to their real-life conclusion? How many times would the family need to seek medical care for their injuries?

We've laid out the accidents and possible treatment plans in detail to show what the out of pocket costs of healthcare might have looked like for the Griswolds. What is the true economic impact of having the whole dysfunctional family over for Christmas? Read and find out.

In 2007, Sammy, an actual HealthEquity member, opened a health savings account (HSA) and contributed $46 the first year. He transferred his account to HealthEquity and started using the investment platform here in 2012. Now, ten years after opening his account, Sammy’s HSA balance is over $100,000.

“The first year, I just sat on the sidelines and looked, and I just kept reading about it,” Sammy said in an interview with HealthEquity. “I came in around 2007. I jumped in very sheepishly … I put in $46, then the next year, I put in a little more and got very confident in the program.”

Sammy is not the only person to have more than $100,000 in his HSA, but his story is unique because he was 55 when he first opened his account. Sammy credits the growth of his HSA to maxing out contributions, actively managing his HSA investments to increase growth potential, and many other things. One of the most important he says, is changing his mindset when it comes to health and finances.